THE MORNING. QREGOXIAX, TUESDAY, JUNE 14, 1921
v nLL uuunn niniiiiLiu
A COfJTINUE TO FALL
Local Jobbers Announce Drop
of 35 Cents Hundred.
BUYING IS AT . MINIMUM
Supplies 31ore Than Sutfjclent for
Remainder of Year and Fair
Sized Surplus Probable.
AH grades of refined suear were re
dacted 34 cents a hundred yesterday on re
celpt of word from California refiner
of a similar decline there. The drop has
been expected since the eastern market
began going off last week. The new
local quotations are 17.15 on cane granu
lated and $6.95 on beet. Consumption
here has become somewhat heavier with
the home canning season now under way,
bnt in view of the weakness of the mar
ket, retailers are not buying beyond their
Immediate needs.
The general depression In the sugar sit
uation is explained by a leading authority
Id the trade as follows:
"Conditions now prevalent In the rogaf
market continue1 adverse to any feeling
of optimism, but as a matter of fact in
dicate that the demoralization still exists
and that the depression has not as yet
run its course. The weignt 01 supplies
annarently becoming more burdensome.
especially - as distributors and consumers
appear intent on maintaining an attltuas
'of indifference and one of covering re
quirements only as needed. This hand-to-mouth
policy of buying is not only ap
plicable to this . country, but to the re
mainder of the world where financial an
economic conditions are far less satisfac
tory than here. Cnder such conditions
producers are forced to carry the entire
burden of supplies and their distressed sit
uation Is being Intensified. A survey of
the statistical position gives assurance of
more than sufficient supplies for the re
mainder of the year, and In fact prospects
of a fair-siied surplus, especially should
consumption continue along the present
restricted lines. It Is becoming more evi
dent that the entire world economic situa
tlon Is steadilyrevertlng to pre-war con
ditlons, but summing up the situation 1n
sugar, the main force at work in the
market is the Inevitable law of suppl
and demand.'
NEW YORK, June 33. The raw sugar
market was nominal early today. In re.
fined, prices were 25 to 30 points lower,
with all refiners now listing at 6 cents
for fine granulated, or the lowest price
recorded In four years.
cartons, S4o Butterfat, buying price: A
grade, 27c; B- grade, 28c, Portland de
livery. N
EXJS Buying prices, case count. 23-4
'-'4c delivered. Jobtblng prices to re
tailer: Candled ranch, . 2oGf 27c; selects
i"s 6 3c.
CHEESE Tillamook triplets, fwtee to
jobbers f. o. b. Tillamook. 19c; Tonne
Americas, 20c pound.
POULTRY Hens. 1520c pound: ducks
young. 40c; geese, nominal; turkeys itorn
inal.
PORK Fancy, 12e per pound,.
VAi- Fancy, 13e per pound.
Fro its and Vegetable.
FRUITS Navel oranges. $4.7366:5 per
box; lemons, $7.T5.75; grapefruit, $39
$11 per box; bananas, 9Vi 10c pound;
apples, $1.233 per box: strawberries,
$1.75 02. 23 per crate: cherries. 10et22Hc
per pound: cantaloupes, standards. $4.0O'S
i: do ponies. $4.00; peaches. $2 73ti3 per
box: watermelon. 4jc per pound:
gooseberries. ofctic per pound; apricots,
Yi box: plums. jiTS'ua per oox.
VEGETABLES Cabbsge. S4fce pel
pound; lettuce, $22.75 per crate; carrots,
t2.'M per sack; garlic, 20c per pound,
beets, $1.50 3 50 per sacks; green pep
pers, 35&45C per pound; rhubarb, 6&k
per pound: spinach, 6&fec per pound;
turnips, $22.50 per sack; tomatoes. $2.78
3.o0 Per box; cucumbers, $1.25&2 pet
dozen; peas, 7llc per pound; asparagus.
yi'fllb per box: beans, 12Vi(rl7c
POTATOES Oregon, flvi.w per jub
pounds; Yakima, $1.5091.73; new Califor
nia, 8!i04Mc per pound.
ONIONS Oregon. 75c$$l per sack: new
crop. White Bermudas, i.(0 per craie;
new red, $1.75 sack.
Staple Groceries.
Local' Jobbing quotations: '
SUGAR (sack basis) Cane granulated.
T.loc per pound; beet. 6 96c per pound.
NUTS Walnuts. 30438c pound: Brazil
nun 30c; filberts, 12c; almonds. 24 30c:
peanuts. 8611c pound; coco acuta, $1.75
per doxen.
RICE: Blue Rose, 6c per pound; Japan
style, 4o per pound.
BEANs Small white. 54c; pink, 754c;
lima, 7c; red. 10c per pound.
COFFEE Roasted, bulk. In drums, 149 I
RAUo oer nound.
SALT Granulated. bbl.. $3.4094.33
half ground, ton. 50s, $16.75; 100s, $10.25
lump rock, $26.50.
DRIED FRUITS Italian prunes. 6 V,
pound; dates. $4.2396.05 per box; flea, $2
9 a. 25 per box.
Provisions.
HAMS All sizes. 30 9 36c; skinned, 319
S6c: Dicnlc 18s: cottars roll. 28c
BACON Fancy, 43US3c; choice, 309
35c: standard. 25927c.
LARD Pure, tierces, 16c pound; om
pound, tierces, lie
DRY SALT Backs, 20923c; plates, 16c
RALLY IN STACK iRKET
SHARP LOSSES MADE EARLY
. ARE RECOVERED.
WHEAT BIDS RAISED TWO CENTS
Few Buyers Operating in Country;, Coarse
Grains Slow.
The wheat market was firm yesterday
but onlv a'fetr buyers were reported oper-
tin in the country. All June bida were
rents hlcher on the local board. .
rrmm trains were slow, with corn bids
Inwur
-,,nt uid tn his crop report: "If
wheat was not affected with -red rust,
condition would be decidedly above the
average, but wheat has been slightly dam
aged by red rust with some wen aennea
black rust. Crop Is just entering period
when black rust usually appears ana j
exnect considerable damage will result,
but greatest danger Ilea in the possibility
of black rust getting m -
Terminal receipts. In cars, were reported
by the Merchants' Exchange as follows
Wbeat.Barley.Flour.Oats.H.ay
Teetland. lion.. 242
Year ago 112
Season to ttate.19776
Year ago U23S
Tacoma Sat... 24
Year ago 10
Season to date. 4RM
Year ago 72oO
Seattle Sat
Year ago ..... 22
Season to date. 4628
Tear ago 671
280
1U6
"i
54
108
226
263
5
13
1113
SS
2
2
1020 .
3270
3
2
578
1201
3
G03 2430
671 2262
12
1B0
4K6
658
060
843
I486
1235
BUTT KB MARKET IS FIRM POSITION
Demand From California Continues; Egg
' Receipts Small. '
There was further Inquiry from Califor
nia for cube butter and this kept the mar
ket In a firm position. Sales were readily
made at 28 929 cents. There was also
boring tot local storage account at these
nrleea
Bidding for tha limited arrivals of eggs
was brisk and resales were made at a
cents, ease count. Demand on local JOB
hers was good.
Poultry receipts were of fair aire for
Monday, bnt buying was slow and prices
were weak. Country dressed meats aiao
dragged.
STEADY MARKET FOR LOCAL BERRIES
Caataloopes Fieri tiful With Fair Demand;
. Frame on Sale.
Strawberry receipts- were of moderate
aiss and the market was steady. Prices
ranged from $1.73 to $2.23, with tha bulk
of sales at $2.
Cantaloupes were plentiful and the beat
offerings sold at Saturday's prices. Stan
dards at $4.5093, ponies at $4 and flats
at 12.
California plums made their appearance
and were quoted at $2.7693 a box. There
were further receipts of peaches, which
met with fair sale at $2.73 9 3.
Increase in Wheat Visible.
The American visible wheat supply com
pares as follows:
Bushels. TVereajae
1!21 9.070.000 736,000
Win 3l.nx2.nnn s.307.noo
119 13,439.000 2.2S7.0O0
191 MI9.000 312.000
1317 20,142.000 8,716,000
Hides, Bops, Eta.
TALLOW No. -1, 4c; No. 2. 2?4 93e
ner pound.
CASCARA BARK New peel. 5e; ol4
neel. 6Ue pound, delivered Portland..
HOPS 1920 crop. best. 13c per pound.
HIDES Salted country hides, 4o de
llvered Portland; grubby hides. 3c; city
calf skins, 12c; country calf skins, 10c;
rood kiD. 6c: grubby nip. 4c.
WOOL New clip, 10fe20c per pound
MOHAIR New clip. 16922 o por
nound. delivered Portland.
GRAIN BAGS 813c at countrj
polnta
Oils."
. LINSEED OIL Raw, In barrels, $102:
five-gallon cans, $1.17. Boiled, in barrela
$1.04; five-gallon cans, n.
TURPENTINE In drums, 92c; five-gal
lon cans, $1.07.
WHITE LEAD 100-lb. kegs. 13c Per lb
COAL OIL Taok wagons and iron bar
rels. 17V4c: cases, 80937c,
GASOLINE Tank wagons and Iron bar
rels, 2bc; cases. 40tta
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Utc, at Bay City.
SAN FRANCISCO. June 13. Vegetables
Asparagus, 2Vjtf.Sc; potatoes, $1,109
2.60; onions, now red. 7oc&'$i; green
onions. $1a091-75; tomatoes. sl50&2.25
garlic. 6ft8e: peppers. 10;i0c; peas, 4&bc
beans. 6&bc; beets, $1.7592; carrots, $1.23
91.30; okra, 8 910c.
Poultry Hens, 20937c: old roosters, 13
918c; ducks, 2o&30c; dressed .turkeys,
45950c; live turkeys, 33c.
Fruit Oranges, navels, $4 9 5.25; Valen-
cias, $394; IcmoDj, $5.50&7; Lemonettes,
$3&4.25; grapefruit, $2.5094; apples. $1
93; strawberries, 50 9 7oc drawer; logan
berries, $798.50; gooseberries. 8912Sc;
blackberries. 35950c; cherries, buik. 29
JOc; apricots, $1.50 3'2.25 lug; cantaloupes,
$2.73 9 3.50, standi, d; flats, $1.2591,30;
ponies, $2.2592.75; figs, $2.3093; currants,
tDlgilO chest; plums, $2.5092.75 lug; wa
termelons, 596c.
Receipts Flour, 1440 quarters; barley,
3721 centals; wheat, 1808 sacks; corn, 3003
centals; potatoes. 1412 sacks; orilons, loo
sacks; hay, 330 tons; wool, 1648 sacks;
hides. 730 bundles; lemons, '600 boxes; or
anges. 5200 boxes; livestock, 300 head;
raisins, 803 centals.
QUOTATION'S ON DAIRY PRODUCE
Market PrrVes Ruling on Butter, Cheese
and Eggs.
RAN FRANCISCO. June 13. Butter j
Extra choice, 37c; prime firsts,'37sc; Call
fnrnia firsts. o-ltaC.
Ena-a Extras. :iaVe: extra firsts, 2(fcc
ralit'urnia firsts, nominal: dirties. No. 1.
7c; extra pullets, 2dfec; undersized pui
lets. 23 "AC.
Cbeese California ziats. kmc amor
nia young America, fancy, 22c; California
firsts, nominal.
CHICAGO, June 13. Butter Higher.
Creamery extras. Sic; standards, BOtnc
firsts, 23 9 30c; seconds, 20 9 2,4c.
Eggs Higher; Receipts, 21), 954 cases
firsts. 23fe924o: ordinary firsts, 20O'21c
t mark, cases included, Z29JJC; stand
ards. 24 14 c
NEW YORK. June 13. Butter Firmer.
Creamery Tiigher than extras. 32W933c
creamery extras. 3114 932c; firsts. 2831c.
Eggs unsettled. Fresh gathered extra
firsts. 28930c: firsts. 2592. fee
Cheese Steady, state whole milK xiats.
fresh SDecials. 13fe916feci state whole
milk twins, specials, 15 fe 9 16c.
Late Reactym Laid to Technical
.Conditions; Call Money Easy;
Foreign Exchange Improves.
NEW TORK, June 13. The general re
action of the last four weeks was auo
stantially extended In the early and inter
mediate stages ' of today's stock market.
but a sharp recovery occurred and many
speculative favorites replaced losses of
1 to 5 points with actual gains of the same
amount.
Shorts figured prominently In the morn
ing's reversal, but their operations appar
ently were secondary to the liquidation of
holders of long stocks, notable steels and
equipments. ,
Other elements ef weakness Included
.oils, shippings, sugar, tobaccos, chemicals
and utilities at gross declines ot 2 to
points. Motors and their accessories trailed
at more moaerstie recessions.'
Many railroad shores until recently re
g&rded as investment issues were offered.
Northern Pacific and Great Northern, on
which dividend action was soon expected,
were smong the few stocks to manifest
lltle. recuperative power.
The final hour's recoil was laid to tech
nlcal conditions. Leaders included Stude
baker, Mexiaan Petroleum, American Sugar
and American Woolen. Sales were 1,063,-
000 shares.
The money market was quiet and easy.
All call loans were mads at 6 per cent,
probably because of last week's large gain
in clearing house reserves. only a mod
erate inquiry for brokers' loans and cpm
mercial paper was reported.
British. French and other important for
eign exchanges were firm or steady, the
only noteworthy exceptions being Dutch,
Swiss and Scandinavian rates. . Private
cables from London referred hopefully U
the British coal strike.
Liberty bonds were heavy with uneven
tendencies in other . domestic issues. Mex
ican government 5s featured the interna
tional list.' gaining 314 per cent on advices
that interest payments on those and kin
dred issues were to be resumed. Total
sales, par value, $ 12.375,000. :
CLOSING STOCK QUOTATIONS.
Sales. High. Low. Bid.
800
, 100"
100
Advance rum.
Agr Chem .
Ajax Rubber. .
Alaska Gold..
Alask Juneau.
Allis Chal
do pfd
Am Beet Sug..'
Am Bosch . . ..
Am. Can
do pfd
Am Car & Fdy
do pfd
Am Cot Oil. ..
Am Drug Syn.
Allied Chem..
Am Hide & L..
do pid t . . . .
Am Ice
Am lntl Corp.
Am Linseed. ..
do pfd .....
Am Loco .....
do pid
Am Sat Razor.
Am Ship & C.
Am Smelter. ..
do ntd
Am Snuff . . ..
Am Steel Fdy.
Am Sugar . . .
do pfd
Am Sumatra..
Am T & T . . . .
Am Tobacco. ..
do B
Am Wool ..
do pfd . . .
do P Dfd.
Am Zinc ...
Anaconda . .
Assd Oil ..;
Atchison . . .
do pfd
At Coast Line. 200
At tl & W 1... 12.100
700
3.400
1.600
2,200
'2,100
" 400
2.500
2.4O0
8O0
1,700
200
8.100 2,300
3,500 80
3.400
4,200
1,600
100
2o0 '10314
1.200 27 Vi
1314 12
"24 fe'
fe
'3iii
13
8714
. 2514
fe
do pfd . ....
St L & 8 F. ..
Strom Carb. ..
Studebaker . ..
Swift at Co. ...
Tenn C C.
Texas Oil
Texas Pac
Tex PC O..
Tob Prod
Tr Cont Oil. ..
Un Oil Del
Union Pac . . .
United Alloy..
United Drue;..!
Ntd Fd Prod.
United Fruit..
Untd Rds N J
do pfd
Un Rtl Stores 7.200
U S Ind Ale. . 16,900
U S Rubber... 18,200
do 1st pfd. .
TT S Smelting.
U S Steel
do pfd
Utah Cop ....
Va Chem . . . .
Van Steel
Vivandou . . .
Wabash
do A pfd...
do B pfd. . .
Wells Fargo. .
West Pac ....
West Union. ..
Westh A B. ..
Westh E It M.
West Md
White Motors.
Willys-Ovid ..
do pfd .....
Wilson Pack..
Wis Central..
Woolworth
Worth Pump.. KO0
W A L E 300
1,000
900
400
35,200
's 00
17,700
1.300
1,300
1.500
6.000
8.600
3.500
100
600
2.S00
1,200
'200
200
100
60,900
00
5.300
1.700
4,000
800
200
1,400
400
500
600
' ' 'boo
60
300
S.200
1,200
300
45 4S ' 43
22H" 21S ' 2214
34 V ' 33 34
76 ' 6H 7514
92 8114 lfe
8 7 74
34'4 . 82fe 334
21 i . 20 21 li
23 21 14 22-
55 Si 54 14
TV- 744 7Vj
20'4 19 . 1914
1154 1144 ll.ife
22 22 !4 23
9014 90 89
19 1814 1814
106 4 105 106
9
20 10V4 20
57 54 14 1.64
5914 5414 56
5914 B5fe 5914
95 fe 95 95
31 31 81
76 7414 1 7614
1074 107 307
50 48 50 4
28 2614 26
27 x 2614 27
7 6 714
7 - 7fe 74
20fe 20 20V4
14
57 85 52
2 2514 251
88 87 14 87
91
45 43 44
9 914
33 '4 S3 33 ,
7 ,7 714.
83 82 . 81 fe
84fe 33 34
'28
112fe
44 43 4414
874 8fe 814
HEM M HT W
TOTAL RECEIPTS OVER SUA'
BAY ARE 140 CARLOADS.'
Prices Weak In Cattle, Sheep and
Lamb Divisions Because
of Larpe Supply.
' There was a. big run of stock at the
yards yesterday, particularly sheep and
cattle." A total of 140 loads was received,
Cv2lchadozen loads west through. ,
The market was active throughout the
day and. in view of the heavy supply.
prices were weak In nearly all lines.
20-year Gold Bonds to yield 8
v - " . Semi-annual interest payable in New York.
Denominations $1000 $500 $100 "
BONDS.
U 8 2s reg. .
do coupon
V S 4s reg. .
do coupon
Pan Sj res... IPa con 4fes
do coupon ...9 S P cv 5s...
A T ft T cv 6s. 97 So Ry 6s...
Atch gen 4s 78 !U P 4s
D Sc R Q con 4s 63feiu S Steel 5s.
.100 IN T C deb s.
..99;N P 4s-......
.104 IN P 3s ...
104 Pac T as T 5s. "83
H.i
S7
73
53
87
87
78fe
"84
Bid.
Liberty Bond Quotations.
Range of liberty bond Quotations, fur
nished by the Overbeck & Cooke company
of Portland:
Bis.
Liberty 314s c '..$$8.76
Liberty, first 4s
Liberty, second 4s... ....
Liberty, first 4a... 87.92
Liberty, second 4s. 86.92
Liberty, third 4s.. 91.56
Liberty, fourth 414s.. 87.10
Victory 4s 98.40
Victory 3s 98.40.
TOW. Close.
.$88.40. $K8.40
. . . . 87.4.2
87.52
86.60
91.42
6B.86
98 34
98.36
Mining Stocks at Boston.
BOSTON, June 13. Closing quotations:
27.
i24
5
38 fe
11
50
50 H
37
22fe
26
38
2714
1
31
71
27fe
38
27
121 124
-109
1714 1714
3
'
39
13,300
100
8,400
1.800
1.500
800
15.700
Yo'o
"i.Voo
100
1,200
Bid Loco
do pfd
Balto & Ohio.
do pfd
Beth Steel B..
B R T
Butte C & Z.
3,000
10,500
500
34,200
1.100 ,
73
91
57
104
122fe
120
78fe.
93
29
"as
96
79
'83
' 28fe
; ts
"3714
30
, 52
10 fe
414
87 '4
10
48 'A
50
34
21
'iife
'4
7
38fe
103'
26
71
91
54
304
120
119
, 72 fe
93
3714
96
78
82"
26
71
'35 fe
49
48
9fe
June 13.
June 14.
June 16,
June 17,
June 18,
Increare.
The corn visible -is 12,037,000 bushels, an
Increase of 679.000 bushels: oats. 34.433,000
buihels. sn increase of 8,101.000 bushels:
rye. 1.231,000 bushels, an Increase of 100.
000: barley, 1. 539,000 bushels, an increase
of 85. 0O0 bushels.
Bank Clearings.
Bank clearinss of the northwestern
cities yesterday were ss follows:
riearinss. Balances.
Portland $7,S0.M4 $il 0,010
Seattle 0,107.101 l.llW.R'W
Tai-oma 81W..'57S 53,211
Spokane 2.367j37 $16,964
PORTLAND MARKET QUOTATIONS.
Grain, Flour and Feed. -Merchants'
Exchange, noon session:
June July
Wheat Bid Bid
Hard white 1 40 x.10
Soft white 1 3X 117
White club 1,18 1 16
Hard winter 1.3ii i.jj
Nor. spring .,! 1.33 1.1s
Red wal.a 1.32 1.12
Oats
No. 2 white feed 2S no 27 00
No. 2 gray .- 30. on SO. 00
Mlllrun 31.00 31.00
Corn
o. 2. E. T. shipment .
?to. 3. . F. shipment
..3100 Sl.fM)
..30.50 30.00
FLOUR Family patents, $8.60 per bar-
rel: whole wheat. $7: graham, $6 80; bak
ers' hard wheat. $8 23; bakers' bluestem
patents, $7.73: valley bakers' $7.25;
straights, $7 25.
aULt.FEKD Prices f. o. b. mill: Mlll
run. $33 per ton; rolled barley. $37939;
rolled oats. $40; scratch feed. ?52 per ton.
CORN Whole. $41; cracked. $44 pet
ton.
HAT Buying price t o. b. Portland:
Alfalfa $18 per ton; chest. $22028 per
ton; clover. $16 per ton; valley timothy.
$24; eastern Oregon timothy. $J6.
Dairy and Country Prod nee.
SrTTKR Cubes, extras. 229e per Tb;
SruilA, naichnu nt wuuuxaO. bo iou, 30c;
SEATTLE, June 13. Wholesale prices to
dealers:
Eggs Select local ranch, white shells.
27628c; do mixed colors. 27c; pullets, 22
a sc.
Butter City, creamery, cuoes. sc; DricKs
or prints, 33c; country creamery, - extras
cost to jobbers, in cubs. 28c.
Coffee Futures Irregular.
N6TW YORK. June 13. The market for
coffee futures was Irregular today. An
pening advance of 3 to' 7 points met
scattcrinialiquidation. while there was also
some'trace selling on the decline in mil
reis prices at Rio. September eased off
to 6 90c wfth active months about 7 to 10
points nstrlower. but the Santos market
was higher snd prices here rallied in the
late trading. September closed st 7c bid or
bout 10 points up from the lowest, with
he general' market net 1 point higher to
1 point lower. July. 6.61c; September, 7c;
October. 7.12c; December. 7.3Sc; )January,
Spot coffee? steady; Rio 7s, 7c; Santos
4s, 9 14 10c.
Metal Market.
NEW TORK, June 13. (Copper, quiet;
electrolytic, spot and nearby, 13&13c;
June and July, 131S14c.
Tin, easy; spot and nearby, 29c; futures,
28.7529c.
Iron, nominal; No. 1 northern, 25S26c:
No. 2 northern, 23624c; No. 2 southern,
2122.50c. ;
Lesd, weak: spot. 4.50c.
Zinc, qtliet: blast St. Louis delivery,
spot. 4.55e4.65c.
Antimony. 5.25c.
NEW TORK, June 13. The American
Smelting & Refining company today re
duced the price of lead from 4.75c to 4.50c
a pound. '
N avs 1 Stores.
SAVANNAH, Oa., June 13. Turpentine
firm, 64 55c; sales, 544 barrels: receipts,
321 barrels: shipments, 654 barrels; stock.
7607 barrels.
Rosin firm: sales. 572 barrels; receipts,
1274 barrels: shipments, 1142 barrels: stock.
75.787 barrels. Quote: B, $3.80; D, $3.70J
3.SO; E. $8.733.90; P. $3.95; G, 3.804:
H. $3.0004.05; I, J44.20; K. $4.404.50;
M. $503.10; N, $5.60; WO, J6.25fc0.30, WW
$6.75&7.
London Wool Sale.
LONDON. June 13. The wool Ruction
sales were continued today with offerings
of 10.562 bales. lod grades were firm
and active at unchanged prices. Lower
sorts were quieter and irregular.
Dried Fruit at New York.
NEW TORK. June 13. Evaporated ap
ples, nominal; prunes, firm; Caiifornlas
4lc: Oregons, 8613c. Pesches. steady;
stsndard llfec; choice, 13c; fancy. 14fe
ts 16 fee. . -
Dnlnth Unseed Market. -DTJLUTH.
June 13. Linseed on track
and to arrive. $1.94.
Cotton Market.
NEW TORK. June. 13. Spot cotton.
Butte & Sup.. 500 12 11
Caddo Oil 900 12 11
Cal Packing
Cal Pet 4.900 44 42
do pfd
Can Pac 5.100 110 109
Cen Leather... 3,700 36 35
Cerro de P 400 2514 25
Chand Motor.. 8.600 61 5814
Chi & N W... 1.700 63 62
Chi Gt West.. 1,800 7fe 7
do pfd- : 200 1614 16
Chili Cop .... 5,000 10 10
Chino 100 23 , 23 fe
C M St P.....' 2,100 23 23
do pfd 200 89 37
Coco Cola 1,700 27 - 26 fe
C & O 8,300 55 63 fe
Colo F & I 800 27 23
Colo Southern. 700 34 32
Colo O & E... 3.000 53 64
Col Graph 4.300 5 6
Con Gas 1,400 84 fe 83
Contl Can 40O 47 47 fe
Contl Candy... 1,900 1 fe 1
Corn Prod ... 7,800 6.5 , 61
do pfd '
Cosdcn Oil ... 900 28fe 27fe
C R 1 & P. ... 900 30 28
do A pfd. .. 1,200 71 70
do B pfd. .. 700 61 fe 61
Crucible 33,200 56 . 52
do pfd ..... .....
Cuba Cane ... 8.600 10 9
do pfd 2,000 32 29
Cub Am Sug.. 2,000 17 15
Del & Hudson. 500 94 93
Dome Mines.. 500 16 1614
D & R G
do pfd 300 1 1
End! Johnson. 2,000 63 60
Erie 2,100 12 fe 12 fe
do 1st pfd.. 1,300 1814 18
do 2d pid... 300 12 12
Fam Players.. 9,000 62 68
Fed il & Sm
do pfd ..... 300 22 22 fe
Flsk Tire .... 2,700 12 fe 12
Gaston Wms.. 2,700 1 1.
Gen Cigars ,
Gen Electric. 4.300 123 122
Gen Motor ... 2.00 9 9
do 6s 500 '62 6fe
Goodyear
Gen Asphalt. ..
Goodrich . . . ..
Gran by ......
Gr Nor Ore. . .
do pfd
Greene Can...
Gulf S Steel..
Hupp Motor..
Houston Oil...
Ill Central ...
Inspiration . ..
lnterboro ....
do Pfd
Intr Callahan..
lnt Harv . .
Int Mer Mar..
do pfd .....
Int Nickel I . ..
Int Paper ....
do pfd
Ir.vin Oil ....
island Oil
K C Southern.
do pfd
Kelly-Spgfld
Kennecott ...
Kevstone Tire.
Lack Steel ...
Lee Tire . . .
Lehigh Valley
Lorillard . . . -.
1. & N
Mackay
Maxw Motor..
Mex Pet
Miami
Mid States Oil
Midv Steel ...
M K & T. ....
do pfd
Mont Power. .
Mo Pac
do Dfd
Mont Ward...
M St P&SSM.
M & St L
Nat Enamel..
Nat Lead . . ..
Nev Con
New Haven...
Nor & Western
Nor Pac . .
42.100
2,100
300
io.Voo
100
700
300
2,700
700
500
2.500
2,400
300
2,400
30O
1,900
2.300
8.400
'i.Voo
6.S0O
8.000
300
3.700
1.4001
1,200
1,200
700
1.400
300
400
' 5814
33
19
27
66
22
31
11
82
88
33
3
1014
' 4fe
8a
13
51
H
56
'14"
3
24 fe
'39
19
32
40
28
4914
147
107
51
33
19
2614
62
22
29
life
60
87
32
3fe
' 9
414
8414
12
49 fe
14
62
"1214
3
23
'is
19
11
37fe
26
48 fe
146
105
4 V
88
10
no
60
31 fe
. 58
79
88
o
8
891
72
. 103
26
7414
90fe
57
104
122
120
75
4
20
8
3Sfe
96
79
73
83
28
73
95
87
50
62
9
,4fe
i
11
66
43
7114
110
86 fe
25
til
62fe
' 7
J014
10
23
25
39
27
04
23
84
55
5
84
47
1
64
28
30
71
81
56
83
JO
31
16
92
16
1
62
1214
1814
32fe
61
22 fe
12
1
54
124
9
61
6
50
33
19
26
63
300 8
69,0-( ,132
Nov Sco Steel.
N Y Air Brk..
N Y Central..
Okla Prod ref.
Ont Silver . . ..
Ont 4: West..
Otis Steel ....
Pac OH . . . .
Pac G & E. ...
Pan Am Pet..
do B
Penna
Peo Gas .....
Pere Marq ...
Phila Co ....
Pure Oil
Pierce Arrow.
Pierce Oil ....
Pitts Coal ...
Pitts 4b W Va.
Pr Hteei Car...
Pullman
Ray Con ....
Reading ....."'
Remington ...
Kepi Steel ...
Rep I & S
do pfd . . . . ,
Rep Motors . .
Ryl Dutch Oil
Ry Steel Spg..
S O Ind
Sears Roebuck
Shattuck Arix.
Shell T ft T...
Sinclair
SIoss Shef
- u i a .......
00
18,100
200
"Yoo
2,300
2,700
500
"i.Voo
700
1.400
900
2.000
200
14,600
400
100
1,200
2.800
200
100
1.000
26,100
1,500
18.000
2,800
1,900
1,600
2,200
200
6.300
4.600
2,400 .
2,400
2.000
800
8..I0O
900
5.500
200
1.200
12.100
""'o'6
5,900
600
" 3,6(10 '
200
- 600
1.400
30
.!)00
2,;u0
life
23
2fe
49
19
3S
,19
.....
. 50
74
10
16
3
66fe
24 fe
66
67
2
- 4
17
30
38 .
60
64
49
34fe
47fe
20fe
30fe
29 fe
21
. 814
57 fe
27
7514
93
32
66
ISfe
22
48
"ii"
fe
42
21
35
72
Mis
123
20
11
22
2fe
49"
IS
36
18
'I'"
49
72
10
16
92
1
. 24
56
66
1
414
17
10
36
49
50
46
34
48
39
30
23
. 18
7 6614
25fe
72
90
12
65
18
22
43
"ji"
64
79
73"
6
41
20
84
70
W
30
31
62 fe
87
33
3
914
4fe
86
13
50
14
65
90
12
3
' 24
rio 14
37 fe
19
3J
'.
27
49
140
107
64
3
132
11
123
2
4
49
19
3714
.18
63
10
49
74
10
16fe
92
63
24
65
67
1
4
17 '4
10
87
49
64
49
34 .
47
20
30
28
21
7
57
26
75
93
12
66
1H
22
47
80
13
66 fe
79
66
75
6
l
21fe
84
72
19 a
:0
Altouex
Arls Com
Calu A Arix. . . 46
Calu A Hecla. .241
Centennial
Cop Range....
East Butte .
Franklin .....
Isle Royal le . .
j&Me copper. .
North Butte
OId Dom ...
Osceola . . . . .
IQuincy
28 steers. 1082
8 steers. 1071
13 steers. 911
7 steers. 1122
25 stey. 1265
1' steers. 1115
3 steers. "76
24 steers. 8U5
2 steers. 1080
23 steers. 1105
IS steers. 925
3 steers. 1063
51 steers. 1052
55 steers. 1070
12 steers.. 1046
2 steers. 913
28 steers. 985
12 steers. 1072
24 steers. 1012
25 steers. 1220
23 steers. 1225
2 steers. 953
2 steers. 885
8 steers. 820
26 steers. 4 140
8 steers. 1040
7 steers. 11. '.0
2 steers. 1105
64 steers. 1063
86.46 62 steers. 1035
87.51 60 steers. 1248
23 steers. 1250
8 cows. .
11 cows. .
6 cows. .
18 cows..
26 casvs. .
81 cows. .
2 cows. .
7 cows.
8 cows. .
86.66
91.64
86.90
98.38
88.38
Mohawk 49 I
7 Superior
3fe!Sup b Boston. ,
8Shannon
2 lUtah Con . .
20 Winona
21 Wolverine ....
SWIft Co, 8toks.
Closing prices for Swift A Co. stocks at
Chicago were reported by the Overbeck A
Cooke company of Portland as follows
Swift A Co , 92
Libby. McNeill A Libby 7
National Leather '...-74
Swift International 23
Money, Exchange, Etc
NEW TORK, June 33. Prime roercan
le nwner fiufieflv ner runt "
Exchange irregular. Sterling1, demand
$3.74, cables 43.75; f ranch, demand 7.94
cables 7.96; Belgian franes, demand 7.92,
cables 7.94; guilders, demand 82.70, cables
32.80: lire, demand 6.06, cables 6.08
marks, demand 1.40. cables 1.41; Greece.
demand 6.10: Sweden, demand 22.26; Nor
way, demand 14.48; Argentine, demand
31.12;' Brazilian, demand 12.87; Montreal,
iv 1 o -, .1 per tent uiscouni.
Time loans steady,- Sixty days, 90 days
and six months, 6fe per cent.
Call money easy. High, low ruling rate.
offered at and last loan 6 per cent; clos
ing bid, 5 per cent.
LONDON, June 13. Bar silver, S5d
per ounce; money, 4 per cent. .
Discount rates Short bills, 5fe per cent
Forelgn Bonds,
Foreign bond quotations furnished by
the Overbeck A Cooke company of Port-
lana: - ,
Ask.
16
6
18
64
50
37
373
873
214
272
69
73
U
1
14
13
34fe
14
14fe
in
14
85
85
99
89
97
87
84 fe
Seattle Grain Market.
SEATTLE, June IS. Wheat Hard
hite, soft white and white club $1.85;
Russian 5 a, 1921
Russian 514a. IH26
Russian 6fe. 1019
French 6s, 1931 . . .
French As. 1917 ...
French 5s, 1918 ...
British 6s, 1922 ...
British 6s. 3927 ...
British 5s. 192V ...
British vky 4s ... .
British ref 4s
Belgium rest 5s ..
Belgium prem 5s
German W. L. 5a .
Berlin 4s
Hamburg 4s ......
Hamburg 4 fes
Leipsig 4fe
Leipsig 6s
Munich 4s r'.
Munich 5s ...:
Frankfort 4s
ap 4s
aD first 4 fes
Jap second 4 fes ...
Paris 6s
U K 5 fes, 1921
17 K 51. 3922
U K 5fes. 1929 ....
U K. 5fes, 1937
Bid.
13
4
15
62
4914
3
372
....363
363
24
.-...262
. ... 66
....70
.... 10'
lOfe
1314
13 '
13 fe
.... 13.
13
,...14
.. .. 1314
68fe
. .. 84
... 84
99
. .. 99
... 0714
... 87
. . . 84
hard red winter, soft red winter, northern
spring and eastern red Walla, $1.33; Big
Bend bluestem. $1. 40.
City delivery: Feed, scratch feed. $51
per ton; baby scratch feed, $67; feed wheat,
$55; all grain chop,. $42; oats. $39; rolled
nati 141 inrnntinr na.ts. 144: whole httr.
lev. I3U: rolled Dariev. 4i: ciiopea soar- 1 r at Digs
ley, $46; milled feed. $33: bran, $30; whole I Feeder pigs
corn. $40; cracked corn. $42.
Hay Alfalfa, $23 ton; double com.
pressed alfalfa, $31; ditto timothy, $33;
astern vtaaatngton mixed, -; straw,,
23.
Grain at San Francisco.. '
SAN FRANCISCO, Cal.. June 13. Grain
.Wheat, feed. $2.35$2.50; milling. $l40
50. Barley, feed, $1.151.17j ; shipping.
1.251.40. Oats, red feed. $1.4061.50.
Rye, nominal. Corn, white Egyptian, $2.30
62.40; red milo, $2 1U2.15. v
Steers were SO cents lower than last week
and top cows were quoted $1 cheaper.
Sheep end lanrb prlcea were ofr 250 50
cents. The hog market alone held steady.
Receipts were 2634 cattle, 114 calves,
808 hogs and 6644 sheeip.
The day's sales veere as follows:
Wt. Price 7 Wt. Price.
2 steers. 8S3 $ 6.501 16 hogs. . 280 $ 8.25
7 steers. 857 6 o 17 nogs... !'- s.io
6 60: 15 hogs. . 275 8 1'0
6 50t 1 hog... 200 8.25
6 001 15 hogs.. 2S0 8.25
7.73124 hogs.. 198 8.75
7.0034 hogs.. 275 7.75
5 001 6 hogs.. 198 9.25
6 00(14 hogs.. 365 9.25
6.25118 hogs.. 138 ,9 00
6 501 1 hog... 240 8.75
7.25! 8 hogs.. 360 6 00
4A0!16hogs.. 210 8.7,1
6 00 5 hogs. , 230 9.0
7 23 14 hogs.. -355 9. 23
T.25I 1 hog... 170 7 2.'
6 25! 2 hogs.. 205 6 7!
6.50! 12 hogs. . 204 8 0
7.7.-VI 1 hog... 170 8.23
6.731 2 hogs.. 245 7.2S
6 OOl 2 hogs... 160 8.79
6 63! 2 bogs.. 185 7.78
6 651 3 hogs. . 213 Of.
6 50!64hogs.. 213 8.711
6.501 2 hogs.. 873 4.2.1
5.50!44 lamba 66 6 .641
7.751 8 lambs. 76 6.O0
75! 12 lambs. 95 6 00
6 50110 lambs. - 66 6 00
5.501 129 lambs 62 6 00
7.15! 18 lamba. . 70 6.0(1
7.15111 lambs. 66- 6.00
6 65:18 lamba. 69 4 00
6.6.V91 lambs. 64 6 75
1037 6 25(293 lambs 57 6 00
1060 5.25122 lambs. 106 7.00
1150 5. 25144 lambs. 63 5.00
085 4.50140 lambs. : 79 5.50
1045 6.50128 Iambs.' 60 6 75
864 4.151 9 lambs. 72 6.75
1125 5.50152 lambs. 68 5.75
K 7 cows. . 771 2 50 4 lambs. 60 0.13
2014 8cows.. 996 6.50i 12 ewes... 81 100
"7 I 16 cows.. 994 6.7.V 11 ewes. . 103 8 50
87 I 9 cows.. 012 6.75'254 ewes. 97 8 25
S I LI COWS.. .u'j.iaiwoi. u 0.-0
lfe'2"cows. . 1153 5 50! 15 ewes.. 126 3.50
'80 1 18 cows.. 1002 5.751 Bewes.. 110 2 00
3 fe J BSOWS.. liza o. Ul 13 yean.. jaa o.-J
40 I Scows.. 745 4.00.76 yearl. . 88 4 .SO
10 I 2 cows. 1105 5.501227 yearl. 91 6.23
"I a ,..'nu . , Ac . tn
1COWI,, VVV D.nu uDimi., u .vu
2 cows.. 1080 5.50 244 yearl. 91 5 25
2 cows. . 1100 6.30I10 yearl. . 100 5 00
5 cows.. 1026 4.251132 yearl. 95 6.25
6 cows.. 1012 4 50! 9 yearl.. 115 5.00
7 cows.. 1237 ' 6.25'44-yearl.. 83 6.00
2 cows.. 1000 2.73114 yearl. . 103 8 50
4 cows.. 1086 6 23 38 wethers 121 3.00
6 cows.. 895 5.00. 145 weth. Ill 4.23
18cows.. 975 6.0o:i23 weth. 312 4.23
21 cows.. 893 5.50! 50 weth. 107 8 0
16 cows.- 950 6 50 23 wethers 138 8 50
2 cows.. 10S5 5 0O!261 weth. 112 4.00
24 cows.. 930 6 50 220 weth. 113 4.50
7 cows.. 786 4.00 236 weth. 115 4 50
11 cows.'.' 940 5.50 262 weth. 112 4.50
3 cows. 773 4.751 no wetn. ill 4.2a
25 cows.. 9.12 5.751 17 mixed. 98 4.09
8 cows.. 1006 6.25 27 steers. 1745 7.30
20cows.. 903 5.7526 steers. 1180 7.5f
21 cows., 973 6 00 22 steers. 1169 7.5$
12 cows.. 855. 5.00 33 steers. 110O 7.50
6 cows. 1018 6.50, 1 steer.. 900 6.00
Scows.. 573 4.231 1 steer.. 3040 6.00
21 cows.. 903 5.501 1 steer.. 1000 5.50
52 cows.. 930 5.501 1 steer.. 730 6.50
41 cows.. 925 6.501 1 steer.. 8KO 5.00
2 calves 295 4.00: 2 steers . 7.0 5 75
6calvesi 180 7 501 8 steers. 855 6 75
lcalf.. 220 7.50-, S steers. 960 6.60
6 calves 245 9 001 4 steers. 9S0 6 50
lcalf.. 250 - 7.00. 1 steer.. 1250 7 30
lcalf.. 390 5 50i 1 steer.. 1510 7.25
lcalf... 270 9 50! 5 cows. . 1002 5.50
lcalf... 110 8.00 9 cows.. 930 5.3(
lcalf... 130 8.751 Scows.. 1013 6.0C
s calves.- 115 8.50 2 cow... 650 6 or
2 calves 143 10.00 Scows.. 840 6 0C
S calves. 230 10 00' 8 cows.. -888 6 Ofl
3 calves. 205 9 00194 hogs.. 205 9 23
12ealves. 875 4.00, lhog... 320 7.28
3 calves. 230 7 0O lhog... 4'!0 6.00
18 calves 153 9.00193 hogs. . 154.' 9.13
3 calves 843 6 00' 2 hogs. . 280 7.13
17cslves. 333 4 00 19 hogs.. 195 8.23
14 calves. 175 7.50 15 hogs.. 128 8.7.1
lbull.. 1710 4.00' 14 hogs.. 128 9.2.1
lbult... 1430 4 00. 10 hogs.. 134 9.13
lbull... 730 3.50f 4 hogs.. 128 9.25
lbull... 1500 4.25 lhog... 260 7.00
lbull... 680 -4.00 8 hogs.. 20S 8.7.1
lbuH... 900 8 50! Ibog... 390 5.50
2 bulls.. 1190 6 00'22hogs-. 225 8 75
il bull... 1310 4.00,90 hogs.. 203 9.25
lbull... 1730 4 23,33 bogs.. 360 9 00
lbull... 107O 8.50; 4 hogs.. 230 8 00
bulls.. 1440 8.501 8 hogs.. 193 9 00
lbull... ir0 8.30 3 hogs.. 193 9 00
Istag.. 1170 500111 hogs.. 180 9.25
28 mixed 1025 5.35! 1 17 lambs 66 6 S3
6 mixed 828 4.50 242 lamba 66 6 73
27 mixed 640 3 75! 10 lambs. 61 4 00
8 mixed 647 4.50I2A7 lambs 71 6.20
Livestock prices at the local yards, fel
low:
Choice steers $7,500 7.75
Medium to good steers 70Otf 7.50
Fair to medium steers 6.00 6.30
Common to fair steers ....... 4.0O 6.00
Choice cows and heifers S-.-.O't 6.00
Medium to good cows, heifers, a.wta 6.00
Fair to medium cows, heifers 4.30$v 5.00
Cm. ner. 2.0OW 3.00
Bulls :i 30'a) 4.75
Choice dairy cows 9 5O610.00
Prime light calves v.mkp vou
Heavy- calves 3.00 6.00
Choice feeders 5.2.-ci 5.30
Fair to good feeders 4.75 5.25
Hogs
Prime light 8.73 .Jfi
Smooth heavv. 2.V to 300 lb 7.25 8.23
Smooth heavy. 300 tbs. and up 6.25 7.25
United Drug Co.
Due June 15, 1941
Callable t 115
The business of this company is done principally
through, its 8000 stockholder agents (Rexall
Stores) and its 227 "Liggett Drug Stores." The
combined sales of the company and its subsidiaries
during 1920 totaled $68,428,179.
Annual sinking fund of $750,000 , to purchase
these bonds at the market up to 115. '
Net earnings for past three years have averaged,
after taxes, $3,894,630 exceeding 3& times inter
- est charges on this issue of $15,000,000 which will
represent the total funded debt. The company
retailing its remedies through its own stores has
bad a remarkable career since its. business was
originated in 1902.
These bonds are convertible jnto Common Stock
of the company at $110 per share at holder's
option if exercised by June 15, 1931. The con
version privilege may become very valuable.
The present market value of the. company's out
standing stock approximates $45,000,000 against
these $15,000,000 bonds.
It is reasonable to expect that long before five
years have elapsed market conditions for money
''will permit refunding such of this loan as may
be then outstanding on a 6 basis, if not con
siderably better. Assuming for illustration that
a 6 funding opportunity may exist five years
hence these 8 bonds would have a value of
lf9.60 to earn 6 for the remaining fifteen
years, under which circumstances st would be a
great advantage to the company to call them in
at 115. These bonds will be listed on the New
York and Boston stock exchanges.
20-year 8's at lOO
Republic of France
Due June 1, 1941
No-CaIlable
These bonds are non-callable and can be held by
you to earn 8 for full twenty years. The sink
ing fund of a minimum of $750,000 monthly dur
ing the first five years for purchasing bonds of
this issue in the market op to par and interest
assures a high market value and ready con
vertibility if desired. i
These bonds offer an extraordinary investment
opportunity. The recuperative powers of France
were demonstrated following the Franco-Prussian
War, from which it recovered with astonishing
rapidity. Ite present recovery, commercially and
financially, is equally astonishing.
French credits in the markets of the world have
increased sufficiently since the close of the war
to permit its liquidating about $540,000,000 of
foreign debt and at the same time to improve the
dollar exchange value of tke franc by about 30.
During the first three months of this year the
exports of France exceeded its imports by 129,
000,000 francs as compared with an adverse trade
balance of 4,872,000,000 francs for the corre
sponding three months of 1920.
An indication of the possible future market value
of these 79i bonds is offered by the history of
the French 5s which in 1870 sold at 82 and in
1872 at 84 Vi. These bonds advanced in price as
follows: In 1874 to 100;. in 1875 to 106; in 1878
to 116; and in 1880 to 120.85.
These bonds will b listed on the New York
Stock Exchange.
20-yesir 7Ws at 95'
There are no bonds on the market at this time that offer a more desirable investment
opportunity from the standpoint of security, marketability and enhancement of value.
Being in small as well as large denominations they offer equal opportunity to small
and iarge investors alike. We have available a nominal amount of bonds of each of
these issues out of our allotment which we offer for immediate confirmation subject
to prior sale. We will accept your order for prompt delivery or for later delivery to
suit the convenience of funds you have in anticipation or for payment on the partial
payment plan. Wire or phone orders collect.
Ask for circulars giving full idailt
kFreeman, Smith & Camp Co,
KOUNB FlOOft
Lumbikmens Build raa
flFTH AND STARK
-WaT I74V9
m . rviai,i'iiKVv
I IM WMHClaW
WHEAT AT RECORD PRICE
FUTURES KKACH XETW LEVELS
FOR &EASOX AT CHICAGO.
Rousrb beavy
Sta(ts
KheeD
Bast - of mountain lambs
Best valler lambs .....
Cull lambs .,
Feeder lambs
Heavy yearlings .,
Light yearlings
LiKbt wethers
Heavy wethers
Ewes
O.0OW 7.00
s.onw t oo
9.00(3 6.25
8.50 0 9.25
ea .ts
6 dom 6 Ki
s.ooa 6.00
2..V 4.00
4 fOM 4.50
4.5i
4.00 4.50
3 mus 4.00
l.oo r 4.00
DAILY METEOROLOGICAL."- BEFORT.
PORTLAND, Jane IS. Maximum temper
ature. 67 degrees: minimum. 57 degrees.
Ivor reading;. 8 A. M., 24.3 feet: change In
last 24 hours, none. Total rainfall (5
M. to 5 P. M ). : men: total rainfall
since Sentember 1. 18-0. 44.7Pnches: nor
mal rainfall since beptemmjr l. 4.4
Inches: excess of rainfall since- September
1!20. 1.85 inches. Sunrise. 4:1 A. M.
sunset. 8:02 P. M Total sunshine June 13.
10 hours 3 minutes; possible sunshine.
15 hours 43 minutes Moonrise Tuesday,
2:24 P. M. : moonset Wednesday. I ll M. si.
Barometer (reduced to sea levei) at 5
P. M., 2994 inches Relative humidity at
5 A. M., 65 per cent; at noon, oo per cent;
at 5 P. M.. 39 per cent.
THS WBATTTTSn.
3?
STATION'S.
53
Baker
Boise j
Boston ....
Calgary ...
Chicago ...
Denver
Des Moines
Kureka . . . .
Galveston ..
Helena
Juneaut
Kansas City
Los Angeles)
Marshf leid
Med ford . .
Minneapolis
New Orleans!
New York .
North Head.
Phoenix ...
Pocateslo...
Portland ..
Roseburg
Sacramento
St. Louis. . .
Salt Lake..
San Diego.
S. Franciscol
Seattle ....
Sitkat ....
Spokane ,.,
Tacoma . . .
Tatoosh 1 3d
Valdest
Walla Walla
Washington
Winnipeg .
Takima
?
a
" o
Wins
0
541 SOift.0Oll2ISfW
90:0.00 . .(N W
60
82!0.01
40
74
62
74
50
14fW
NS
0.0O
80 0.OOI
84i.oo;iosis
920. 001.. S
62 0.00 . ,!KW
Chicago Livestock Market.
CHICAGO, June 13 (U. S. Bureau of
Markets.) Cattle. 19.000. Steers and she
stock steady to 10c lower; early top 19.13
paid for mixed 700-pound yearlings;
bulk beef Moors $7.508,ES: butcher cows
and heifers mostly 5.0t&7.00; bulls
stesdy: bulk $4.506 6 00; veal calves gen
erally 25c lower; quality plain, bulk $8.50
v9.2o: good stocaers steaay; otners aa
feeders dull.
Hogs.48.000. Mostly 16 to 20e lower
than Saturday average; top $&.25 one
ioad; bulk $7.90tr8.1; pigs 10 to 15c
lower. '
Sheep. 17.000: lambs, 2Se to 50c lower;
sheep 25c lower: native spring lamba, top.
$11 73: bulk 111.50011.73;. Inafto ana
ritwnn xnrinm held hicher: Washington
yearling Iambi $1.S0: western fat ewes
$4.50; natives $3 50 34.26.
Kansas City livestock Market.
KANSAS CSTY. June 13 (U. S. Bureau
or Markets. I Cattle. 1300. Ibeef steers,
mostly steady: spots strong to shade
hi-hr. ton WvftO: bulk $T.00,25: stock
era anA feeders steady to stronr: few
sales higher: best stockers I7Ja; common
kinds 4.00o.ou: all orner classes gen
erally steadv: few cows JG.OO'O' 6.2&; me
dium to good kinds $4.6065.75; cotters
Tnn.rHr 1.100 3 50: bulk canners $2.00
2.25: calves steady to 25c higher: top
$8.73; good and choice vealera $7.50e8.ftO
t,tm hulls 3.2fi
Hogs. 14.OO0. Open 10a 15c lower: later
sales 5wl0c lower: closing weaa: snip
pers doing little: best lights to packers
17 96: choice 250 pounders $7. SO: 325
noundern $7.SS: bulk of sales $7.650'T9O
Buying? Stimulated by Reports of
Hot Weather Damage; Eitreme
Gains Are ot Heidi.
CHICAGO. June 13. Future deliveries ot
wheat jumped today to new high price rec
ords for the season. Extreme galna, how
ever, were not held. The market closed
unsettled, 1H to 4o net higher, with July
$1.39 to $1.40 and September $1.27 to
11.2741. Corn finished to lo up and
mi. un fee tn lc In provisions the out
come varied from 10c decline to an ad
vane of !Uc.
With reports current tening or aamnj
from hot winds and or prospective na
axe from black rust, the majority ot w
84;0.0Oil4,SB Pt. cloudy
9210. OOL. (NWlPt. cloudy
'54 .0.UVt. WW!
Clear
74! 9OI0. 001.. IS IPt. cloudy
5!i 70j0.00 . .SW Pt. cloudy
42 64iO.OSll2.SW Pt. cloudy
Clear
Clear
Clear
Pt. cloudy
Cloudy
Pt. cloudy -...i. j steadv: very few over $8.20
Sheep. 3tO. neeo sieaay; mosr . lai
native ewe- around $3.50: few at $3. 1
spring lamibs steady to 26c lower: top
natives $11.60; buik better fradee $11.00
it 11.00,
Pt. cloudy
70 O.OOl22:NWCloudy
80 0.00 ..INK
88 0.0O .. 8
860.0OI24INW
58I0.32I32IS
Oil. .IB
001.. W
67KJ.02I.. SW
700.00l.
Ot 5810
10 8810
90 0
52 4 O.OIHIS.S
761 94 0.00..iSW
68' 92 0.00 L. NW Pt. cloudy
eoi 04io.w . .iw
521 ftfrO.OO'SOINW
62O.1020ISW
B4 0.0O . .1
60 76-10. OOUOIVW
54 64i0.18;i4!W
2 560.32
46 5 0.0O
SOIO.OO
2'O.0W
82 0.001.
76.0.24
283
!SW
iw-
NWI
Omaha livestock Market.
OMAHA. June 13. TT. S. Bureau of
Markets.) Hogs, 9500. Mostly 15c
lower: closing 25c lower than Saturday's
average; ouik ISO to pouna butchers
$7.46&7; top $7.75; bulk butchers 250
pounds and over $7.1O4i7.40.
battle, tow. stow; Deei steers juc to
20c lower: early ton $3.25: she stock
steadv to weak; veals strong to 25c
Pt clnndv I higher: other classes steady.
best westerns $12.00: 'bulk natives around
$7.00: aheep and feeders steady.
ICloudy
uiear '
Clear
Cloudy
Clear
Clear
Pt. cloudy
Pt. cloudy
Clear
Cloudy
Clear
Pt. cloudy
Pt. cloudy
ft. cloudy
Rain
Clear
Cloudy
Pt. cloudy
Clear
Cloudy
A. M. today. P. M. report of preceding
day.
FORECASTS.
Portland and vicinity Cloudy; westerly
inds.
Oregon Cloudy; cooler east portion:
moderate westerly winds.
Washington Probably ahowers; fresh
southwesterly winds.
Read The Oreonin classified ads.
Seattle Livestock Market.
SEATTLE. June 13. Hogs weak; reeelptr
auotations. prime $8.759.25; smooth
heavies $6.7fiS7.25: rough heaviea ti.OOQ
5.50: pigs $8.5010.0O.
Cattle, weak: receipts 7?I4: prime steers
$7.2648.00; medium to choice $6,0017.00:
common to frood $4.00?5.oo: bulls $4.."09
5.50: light calves tll.0012.00; heavy
calves $.007.0K .
heat
traders rushed to the buying sldewhen
the market orjened. As much as 6 cents
bushel in some casea was added to values
before tie eagerness to purchase was over
come. Then the maraet ocgan to sn
snd attention turned largely to gossip tha
country offerings had materially increased
The fact, too, gained notice that hot dry
weather tended to facilitate rapid progress
of the harvest, even though leading to in
jury where growth was still needed. Bears
made much also! of seaboard messages
telling of lack of export business and of
foreign offers to resell. Profit taking by
holders showed a lull in the final half
hour and the market was raj lying at the
last.
Corn and oats obtained their strength
from the action of wheat. Demand came
chiefly from shorts.
Provisions were irregular. Influenced on
the one side by lower hog values and on
the other by the upturn in grain.
The Chicago market letter received yes
terday by the Overbeck & Cooke company
ec Cortland said:
Wheat New high levels on the crop
were made Immediately after the opening
on buying or a general character, prompt
ed by apprehensive reporta on the crop
situation in the northern part of the
winter wheat belt and southern spring
wheat territory. Black rust is said to be
showing up very heavy in northern Ne.
braska and many of our foremost
thorltics expressed the belief that it may
spread to the big spring wheat producing
territory. About midday the market
weakened, due to ease in the local cash
market, where premiums were Quoted
cents lower. Little credence was given to
reports that exporters were trying to can
eel wheat for deferred shipment, as there
was evidence of buying for foreign ac
count on the late decline. The weakness
in premiums today shouldbe ne surprise
as futures have advanced rapidly and it Is
only natural that there should be
least some readjustment, between cash and
futures. We look for the market to re
spond readily to any -bad crop news from
the northwest.
Corn Advanced sharply early In the
day. but met realising selling in sufficient
volume to give the market an easier tone.
Receipts of 598 cars were less than
peeted and cash prices quoted relatively
steady. There was export buying on the
break, but the volume of business was not
given out up to the close. This market Is
steadily working into a strong position
and when crop scares begin to make their
appearance a substantial advance is very
likely to bs registered
Oats The early advance attracted profit
taking selling in good volume, but offer
ings were well taken and the tone of the
market at the clous was strong. Practically
all advices from the country continue to
tell of poor prospects,
Rye Futures were Inactive anarollowed
the action ot wheat. The cash demand
was not good and as a result prices were
about 6 cents lower on the basis of 12
cents over July for No. 2 on track.
Leading futures ranged as xouows:
WHEAT.
Oeen. High. Tyw. Close.
t 139 Vi t 1.431, $ J.381, $ 1.39
Jury..
Sept..
Jury.
Sept.
July..
Sept . .
L26
.4
.64 Va
.89
.414
1.2914
CORN.
.65
.66
OATS.
.40
.41 S
125 1.27U
.4
.64 Vs
.88
.4014
.64
.65
.38
.40H
MESS PORK.
Ju!y.. 17.60 17.60 17.50 17.50
LARD.
July... 9 8T 10 00 T M
Sept... 10.20 10 82 10.13 10.22
SHORT RIBS.
July... 10.13 10 82 16.15 11
Sept... 10.42 10.63 10.40 10.40
Cash prices were:
Wheat No. 2 red, $1.58; No. 2 hard,
tl.66V.
Corn No. 2 mixed, 6394c; No. t
yellow. 046rVc
Oats No. 2 white, 38V4f39Vic; No. 3
white. 876es8Vc
Rye No. 2, $1.39.
Barley 58067c.
Timothy seed $4.80J.
Clover seed $1318.
Pork Nominal.
Lard $9.77.
Kibs $8.75 10 M.
Primary Receipts.
CHICAGO, June 13. Primary, receipts:
Wheat 1,633.000 bushels against 1,219.000
busheis; corn. 1,461,000 bushels against
1.446.000 bushels; oats, 100,000 bushels
against 620.000 bushels.
Shipments Wheat. 949,000 bushels,
against 677.000 bushels; corn, 2.112,000
bushels, against 538,000 bushels; cats, 408,
000 bushels., against 438.0O0 bushels.
Clearances Wheat, 2.438.0OO bushels;
corn, 21,000 bushels; barley, 141,000 bush.
eis; nour. 21.000 barrels.
Cariota:
Minneapolis Wheat. 419; corn, 00; oats,
79; barley, 77: rye, 9.
Winnipeg Wheat, 204; oats, 42; barley,
21; rye, 3.
SL Louis Wheat, 84; corn, 90; oats, 49.
Duluth Wheat. 61; corn, 86; oats, 16,
Kansas City Wheat, 332; corn, 119;
oats, 9,
Minneapolis Grain Market.
MINNEAPOLIS, June 13 Barley. 460
63c; flax. No. 1, $1.87 14 1.89 Vs i wheal,
July, $1-41 Vs.
Winnipeg; Grmln Market.
WINNIPEG. June 13. Wheat July,
$1.81; October. $1.42Vi.
Coffins of marble and stone were
used by the Romans.
Canal boats form tbe homes of
25.000 persons In Knelarwl.
Chantanqua-in Progress.
ErDDLES. Or., Jane IS. (Special.)
Riddle's first Chatauqua, the Cad mean
system, was in progress and being
well attended.
Phone your want ads to The Ore.
gonlaa. Main 701!), Automatic 560-95.. a
HOTEL HOYT
8trlctly Fireproof. Near both depots
and convenient car aerrlo to
all parts of elty.
Plnrlrf Room Without Bath, 1 and Bp
Single Booms With Bath. K2 and op
- B. BOBK, Manager.
r 0ver8
French Republic
20-Yr. External Gald
Loan TVs Bonds
PRICE 95
YIELD OVER 8
Payable In TT. S. Gold Coin.
Pen. $100. $500 $1000. An
Ideal bond for the Investor
becanse it is NON'CAW.
ABLE, and backed by a sink
ing fund and repurchase pro
viso. -
1
7-
Income Tax Exempt
6 Imp, Boad.
IDAHO FALLS, '
Idaho
Est. Mat. 1921-J.
Prices to pel T.
Assessments for payment of
these bonds are placed on
the ireneraJ tax roll and are
collected alone: with other
taxes. Den. $100, $500, 11040
LUMBERMENS
Iktrs i Qanr -BANK
BROADWAY AAD OAK.
WIS OFTKR A KID
rTRESKRVEm,r rkcomnfvd
TUB I .V SOLD roKTIO Of
$45,000
City of
Pomeroy, Wash.
B1 Water Byatrm Bond.
Denom. H0O0. Maturing; 1926-49.
Prices 8S.75 to S5.73.
Yielding 6
rOMTTHOY Is In the heart of on
of the richest farming; sections of
the Northwest, and the net bondel
indebtedness of L.KS8 THAN (INK
PER CENT in an Indication of th
worth of this security as a con
servative investment.
WE SrOOEST IMMBD1ATW j
IIESKRVATIO.N. J
G. E. MILLER
& COMPANY
BONDS
GOVKH!VrKlVT
Ml MCIIML,
CORPORATION
TELEPUOM5 MAIN 41!M$ '
204-S-4 Norfawestrrm Bank Rofldlss:
PORTLAND. OHK(.0.
French'
Republic
Twenty-Year
7Vi Cold Bonds
Due 1841
nirert obligation of tn French
Government. Cannot be railed.
Protected! by strong- sinkinf
fund payments.
Offered subject to prior sal
at price to yield over
8
Circular on Request for OR-89T.
The National City
Company
Offices In mors than RO dtlem,
iFosi It I ds;-, Portland, Or.
' Telephone Mala 72.
HOW LONG
WILL IT LAST?
That is the important question to
be considered in the purchase of
anything: and especially about
pavement. Long1 life happens to
be the one GREAT quality in
Warrenite - Eitulithic. Note the
excellent condition of the pave
ment on Fifth street, Portland,
Oregon, now passing: its 16th year.